Oil Changers Acquired By PE Firm
March 9, 2021—Oil Changers, one of the largest independent quick lube chains in America, was acquired by Greenbriar Equity Group as its latest platform investment, the companies announced in a statement.
Oil Changers has 56 locations in California and Hawaii, 25 of which have been added since 2018. The company expects this latest investment will help fuel future growth in its existing footprint and beyond.
“The past few years of growth have been fantastic, and we look forward to taking our expansion plans to the next level with the experienced team at Greenbriar,” Oil Changers president Eric Frankenberger said in a statement. “Their approach aligns seamlessly with our culture and we can’t wait for what’s to come.”
The terms of the agreement have not been disclosed.